Adaption of cashless transactions in availing products among public elementary school teachers in Indang, Cavite / by Jella E. Alferez, Alondra Fae T. Bergonio, Reina Shane B. Malimban and Carl Briant D. Reyes.

Thesis (Bachelor of Science in Business Management major in Financial Management) Cavite State University.

Includes bibliographical references.

College of Economics, Management and Development Studies (CEMDS).

ALFEREZ JELLA E., BERGONIO ALONDRA FAE T., MALIMBAN REINA SHANE B.,
AND REYES CARL BRIANT D. Adaption of Cashless Transactions in Availing Products
among Public Elementary School Teachers in Indang, Cavite. Undergraduate Thesis.
Bachelor of Science in Business Management major in Financial Management. Cavite
State University, Indang, Cavite. August 2022. Adviser: Ms. Jemmalene O. Viado.
The study was conducted to determine the adaptation of cashless transactions in availing
products among public elementary school teachers in Indang, Cavite. In detail, the study aimed
to: (1) describe the socio-economic profile of public elementary teachers in Indang, Cavite; (2)
determine the types of cashless payments that the public elementary teachers in Indang, Cavite
use in availing products; (3) identify the factors associated with the adaption of cashless
transactions in availing products among public elementary teachers in Indang, Cavite; and (4)
determine the relationship between factors that are mostly associated with the adaption of
cashless transactions in availing products when grouped according to socio-economic profile of
public elementary school teachers. The study was conducted from May 2021 to January 2022.
The participants of the study were the public elementary teachers in Indang, Cavite. Twenty (20)
schools were selected randomly using the fishbowl technique. Target participants were asked to
answer a survey questionnaire which was composed of 4 parts, wherein 213 public elementary
school teachers served as the participants of the study. Descriptive and correlational designs
were used to achieve the objectives of the study. Frequency distribution and percentage, mean,
and standard deviation were used to define the socio-economic profile, determine the products
availed, types of cashless payments used, and determine the factors associated with the
adaption of cashless transactions in availing products. While Chi-square was the initial test used
to measure the relationship between socio-economic profile and the factors that are mostly
associated with the adaption of cashless transactions in terms of relative advantage,
compatibility, observability, complexity and trialability. However, due to the violation of

assumption, chi-squared values were changed to likelihood value. Based on the result, socio-
economic characteristics such as age, sex, years of teaching experience, and monthly income

were not found to be significantly related to factors associated with the adaption of cashless
transactions in availing products. Meanwhile, civil status was observed significantly related to
the compatibility and observability aspects of the adaptation of cashless transactions in availing
products among public elementary school teachers. Suggestions were offered to improve the
adaptation to cashless transactions of public elementary school teachers given the view of the
findings and conclusions. In the results of characteristics that are primarily related to the
adaptation of cashless transactions, complexity has the lowest meaning. The researchers
advise teachers who are struggling to adjust to cashless transactions to learn some basic
technology knowledge by examining online tutorials and increasing the complexity of the idea by
consulting other cashless transaction customers. Researchers advise banks and technology
providers to give more thorough tutorials on utilizing their programs to improve users' technical
proficiency and knowledge. Additionally, academics advise banks to encourage cashless
transactions to deter bank theft and move toward a cashless society since the Philippines is
dealing with a pandemic. To determine whether participants will fully adapt to cashless
transactions, it is advised that future research concentrate on participants who are single or
unmarried. Future researchers might also locate a variety of specialists to serve as their
subjects. Additionally, it suggests extending the research to more extensive geographic areas to
generalize the findings. A suggestion would be to carry out the study at several different public
schools in and around Cavite. For more accurate results, future studies should use a broader
representative sample.

Submitted to the University Library 08/11/2022 T-9132